[theqoo] HYBE VS NEWJEANS DUMP

[theqoo] HYBE'S NEW CEO LEE JAESANG: "ACCORDING TO PRINCIPLES"... ESSENTIALLY REJECTS NEWJEANS' DEMANDS

New HYBE CEO Lee Jae-sang (pictured) has stated that he will respond to the Ador situation "according to principles." This essentially means he has rejected NewJeans' demands for the return of Min Hee-jin as CEO and the integration of production and management. It emphasizes that this situation will not affect the direction of HYBE 2.0.

Immediately after the temporary general meeting, CEO Lee met with reporters from The Bell and said, “It will take time, but we are responding calmly according to principles,” adding, “HYBE is a company that upholds principles and seeks management integrity, and there will be no change in this stance.” He further commented, “Looking back, those who adhered to principles ended up as the final winners.”

This indicates that he intends to maintain the separation of production and management in managing a multi-label system and in addressing the Ador situation.

Lee’s rejection of NewJeans’ demands is essentially what it amounts to. The day before, NewJeans had demanded through a YouTube broadcast that Min Hee-jin return as CEO by the 25th. They stated, “What we want is the original Ador with Min Hee-jin as the CEO, where management and producing are integrated.”

HYBE officially responded to CEO Lee’s remarks, saying, “You can understand it as it is worded.

source: https://www.thebell.co.kr/free/content/ArticleView.asp?key=202409121246388280104346

original post: here

1. HYBE? A company that keeps principles? ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ The joke is writing itself 

2. A company who embraces a criminal talking about managing principles ㅎㅎ

3. The principle is embracing criminals

4. According ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ toㅋㅋㅋㅋㅋㅋㅋㅋㅋ principles ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

5. He really claims he's a person of principles? ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ

6. Principles pfft

7. Pride >>>> Shareholders

8. The principles of keeping a DUI criminal 

10. So according to principles, you embraced a DUI criminal? 

[theqoo] [EXCLUSIVE] MIN HEEJIN BEING NEWJEANS' PRODUCER IS ALSO DIFFICULT.. HYBE'S HIDDEN AGENDA

HYBE and Ador Continue to Tighten the Noose on Former CEO Min Hee-jin

HYBE and Ador are continuing to exert pressure on former Ador CEO Min Hee-jin. Although HYBE announced the separation of production and management at Ador by removing Min Hee-jin from her CEO position, it has been confirmed that Min Hee-jin was not assigned any department related to production.

According to industry sources, after being removed as CEO, Min Hee-jin was given the title of producer (PD) but retained her position as an internal director.

On the 27th of last month, Ador held a board meeting and appointed Kim Joo-young as the new CEO. The Ador board, now dominated by directors appointed by HYBE, stripped Min Hee-jin of her management rights and reduced her role to that of a 'content creator.'

Although Ador used the separation of 'production' and 'management' as a justification for Min Hee-jin's dismissal, she was not assigned to any department related to production.

Departments related to artist and content production, such as the 'Artist Development Team,' 'Content Planning Office,' and 'Performance Directing Team,' were placed under the supervision of Lee Do-kyung, who is in charge of management tasks.

This has led to analysis suggesting that Min Hee-jin's role as a content creator is also being restricted, as all decision-making lines related to artists are now under Lee Do-kyung.

Ador’s organizational structure is currently viewed as abnormal even within HYBE Labels. HYBE officials have commented that "essentially, all limbs have been tied."

Min Hee-jin, despite being a producer for NewJeans, has to coordinate or get approvals from Lee Do-kyung for any production or planning work related to NewJeans.

Lee Do-kyung, who was appointed as an internal director at Ador on the 2nd of this month, is also the Vice President of HYBE IPX. HYBE IPX President Kim Tae-ho, who is also the CEO of Belift Lab and has sued Min Hee-jin, handles marketing-related tasks at HYBE IPX. Kim Joo-young, the new Ador CEO, is also new to the label operations.

Criticism of the executives' expertise and the dilution of the justification for separating production and management is emerging. There is an analysis that the dismissal of Min Hee-jin and the subsequent reorganization focus on putting pressure on her.

A labor lawyer handling corporate affairs stated, “If a producer has not been assigned to any production-related department, it’s like cutting off their arms and legs, essentially a silent pressure to leave,” adding, “The CEO should make decisions for the benefit of the corporation. If Min Hee-jin has been put in a position where she cannot work due to personal vendettas, responsibility for this should be questioned.”

source: https://m.entertain.naver.com/article/144/0000988286

original post: here

1. Low-HYBE flop 

2. In the end, it was not unexpected that they would end up holding the highest position themselves... They must've had countless ways to torment someone, and if one method fails, it just changes to another

3. Wow from now on, I'm not going to listen to a single song coming out from HYBE, there's no reason for me to listen to them anymore

3. Trash 

4. HYBE will be successful in the end, even if the company becomes shaky, every single group's fandom will have to boycott the company to make a difference but I'm not seeing this happening 

5. If they were going to do this, why even bring Min Hee-jin in and create the label? HYBE did a great job with BTS and got to where they are, so it's really impressive. But seriously, why did they bring her in if they were going to do this? Were they just going to keep her tied to the company and steal her ideas?ㅋㅋㅋㅋㅋ

6. No but why did they even decide to take in Min Hee-jin to make NewJeans?? So they can steal her work????

7. Wow  so all this was a plan to steal Min Hee-jin's ideas for Belift Lab 

8. NewJeans must win

9. I understand why NewJeans felt the need to hold their press conference

10. HYBE  is honestly trash

 New Post

Next Post

✉ PC Stories